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Dec 6, 2012
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john wehner figured it out. and boehner can turn around and say i need $6 trillion in titlement cuts. and they can each take each other's playbook and try and figure out what they would like best to -- figure out the number and figure out how to get there. >> i don't know. both sides seem to be only too willing to do it. they're in the booking rove on fox because of that fiasco. which made good tv, but apparent apparently, i don't know, but he says republicans will get the blame for going off the cliff, but the president will be weakened the most. and orrin hatch called geithner's statement one of the most stunning and irresponsible statements that he's heard in some tile. soo can the economy avoid the cliff and rides above? anyway, senior u.s. economist and managing director at ubs. do you think we'll get a deal? >> i think we'll get a deal. do we get it before the holidays or after for markets, it matters. it's been a drag for the last nine months. so the idea that there is more uncertainty now than there was
john wehner figured it out. and boehner can turn around and say i need $6 trillion in titlement cuts. and they can each take each other's playbook and try and figure out what they would like best to -- figure out the number and figure out how to get there. >> i don't know. both sides seem to be only too willing to do it. they're in the booking rove on fox because of that fiasco. which made good tv, but apparent apparently, i don't know, but he says republicans will get the blame for going...
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Nov 30, 2012
11/12
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john, i thought i was hip because i listen the my 14 year owed. give me what this game salad is. >> is he using it already? >> it is a platform for writing video games. what's unusual is that it is the first platform out there where you don't use lines of code. you drag and drop objects. an 8 or 10-year-old, half a million developers, are use thing. written using game salad. >> how does this change the balance? i think of that as opposition. the con ten now going get more market cap, more capital, gravitating to content away from distributors now? >> over a long period of time i think so. content producers are moving from media companies to individuals. and whether it is a photographer in india who takes a great photo and available in 500 px or a kid who has a great idea for a game and then just has tools available to rate them, that's what's happening. or you on facebook, when you post something up there, you are creating content. >> okay. we are going to get to this cool thing in just a minute. give me one cool thing before that. get to the mind
john, i thought i was hip because i listen the my 14 year owed. give me what this game salad is. >> is he using it already? >> it is a platform for writing video games. what's unusual is that it is the first platform out there where you don't use lines of code. you drag and drop objects. an 8 or 10-year-old, half a million developers, are use thing. written using game salad. >> how does this change the balance? i think of that as opposition. the con ten now going get more...
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Dec 4, 2012
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speaker john boehner has said that this is something that is much closer to the bowles-simpson proposal. erskine bowles saying the gop offer does not represent the plan, he says both sides are kind of far away from it at this point and that it's now up to negotiators to figure out where the middle ground is today. >> bowles said that the mid point that i used back in -- this is where we were last year. so used the mid point of the negotiations, but it's in longer the mid point i guess. >> he also said -- he is a testimony, but he has separated himself from the administration by saying that they thoo should have taken more of their proposals more seriously. he also said last night that you will see higher marginal tax rates. >> higher marginal or effective? >> higher mar begin ginal rates talking about last night. >> that's part of the 500. >> he thinks as part of the compromise to get there, you'll have to see the democrats get their way in terms of higher marginal tax rates. he also said that the republicans should be able to see higher entitlement cuts, that that should be part of thi
speaker john boehner has said that this is something that is much closer to the bowles-simpson proposal. erskine bowles saying the gop offer does not represent the plan, he says both sides are kind of far away from it at this point and that it's now up to negotiators to figure out where the middle ground is today. >> bowles said that the mid point that i used back in -- this is where we were last year. so used the mid point of the negotiations, but it's in longer the mid point i guess....
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Nov 29, 2012
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senator ron john so thson joins. senator, thanks for being here. >> good morning. >> senator, we've been following all of these negotiations as the market has turning on every single bit of information that comes out. you say that you would not go along with any idea to raise those marginal tax rates. why is that? >> because everything we should be doing here should be concentrating on economic growth because that's time as more effective. let me give you a couple numbers. even with the very meager recovery that we've had, revenue has increased to the federal government by $344 billion per year. if we just return to a normal economy like we had in 2007, those policies of george bush where we had 18.5% of our economy coming to the federal government as revenue, that would be another $419 billion. so combined, that would be $750 billion per year of additional revenue. now, president obama's proposal of punishing success, it's hard to say exactly what it will be, but somewhere around $75 billion. it's a tenth of what we
senator ron john so thson joins. senator, thanks for being here. >> good morning. >> senator, we've been following all of these negotiations as the market has turning on every single bit of information that comes out. you say that you would not go along with any idea to raise those marginal tax rates. why is that? >> because everything we should be doing here should be concentrating on economic growth because that's time as more effective. let me give you a couple numbers....